Mayflower Financial Advisors LLC Sells 1,693 Shares of Capital Group Core Equity ETF $CGUS

Mayflower Financial Advisors LLC cut its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,159 shares of the company’s stock after selling 1,693 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $1,594,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. VestGen Investment Management boosted its stake in Capital Group Core Equity ETF by 1.8% in the 2nd quarter. VestGen Investment Management now owns 15,678 shares of the company’s stock valued at $579,000 after purchasing an additional 276 shares during the period. Freedom Investment Management Inc. boosted its stake in Capital Group Core Equity ETF by 3.1% in the 1st quarter. Freedom Investment Management Inc. now owns 11,612 shares of the company’s stock valued at $388,000 after purchasing an additional 345 shares during the period. Moloney Securities Asset Management LLC boosted its stake in Capital Group Core Equity ETF by 1.0% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 35,996 shares of the company’s stock valued at $1,329,000 after purchasing an additional 349 shares during the period. 180 Wealth Advisors LLC boosted its stake in Capital Group Core Equity ETF by 1.3% in the 2nd quarter. 180 Wealth Advisors LLC now owns 31,269 shares of the company’s stock valued at $1,155,000 after purchasing an additional 398 shares during the period. Finally, Comerica Bank boosted its stake in Capital Group Core Equity ETF by 4.0% in the 1st quarter. Comerica Bank now owns 11,769 shares of the company’s stock valued at $393,000 after purchasing an additional 456 shares during the period.

Capital Group Core Equity ETF Price Performance

CGUS opened at $40.61 on Wednesday. The business has a fifty day simple moving average of $39.28 and a 200 day simple moving average of $36.97. The company has a market capitalization of $7.78 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $40.71.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a dividend of $0.0925 per share. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 30th.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.